3. Key Drivers
What are the 7 Key Drivers Behind
the Big Data Market?
Business
1. Opportunity to enable innovative new business models
2. Potential for new insights that drive competitive advantage
Technical
1. Data collected and stored continues to grow exponentially
2. Data is increasingly everywhere and in many formats
3. Traditional solutions are failing under new requirements
Financial
1. Cost of data systems, as a percentage of IT spend, continues to grow
2. Cost advantages of commodity hardware & open source software
USB
Doctoral Interdisciplinary Sciences Lab
Jose A Vivas, Ph.D.
Monday, June 24, 13